KSL Capital Partners, LLC, a prominent alternative investment firm has announced that one of its affiliates has acquired a majority stake in the Soneva Group, a trailblazer in sustainable luxury hospitality since 1995, known for its award-winning resorts in the Maldives through the conversion of certain securities.
The transaction builds on the firm’s initial minority investment in November 2019 and underscores KSL’s continued conviction in Soneva’s long-term strategy and differentiated approach to ultra-luxury experiential travel.
To help lead the next phase for Soneva, Neil Gallagher has been appointed Chief Executive Officer of Soneva. A seasoned international hospitality leader, Mr. Gallagher brings more than two decades of experience across Europe, the Middle East, the U.S. and the Caribbean. He previously served as CEO and CFO of Clermont Hotel Group (formerly glh Hotels Management) and held leadership roles at IHG Hotels & Resorts, including CFO, Europe. Earlier in his career, Mr. Gallagher held leadership positions at Marriott Vacation Club International.
